306. AMMA — From Ramen to Rolex: Celebrating Milestones Wisely

The Game Changing Attorney Podcast with Michael Mogill

Is your law firm stuck because you’re mismanaging your finances? It’s time for a serious wake up call.

On this episode of The Game Changing Attorney Podcast, Michael Mogill dives into the hard truths about balancing personal splurges with reinvesting in your firm’s future.

You are about to learn:

• The investment mindset that separates the elite from the rest.
• How to enjoy the fruits of your labor without sabotaging your firm's growth.
• Key strategies for keeping your team on board while you celebrate personal wins.

If you’re serious about dominating your market and ensuring every dollar propels your law firm forward, this episode is for you.

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Show Notes:

00:00 – Introduction

01:09 – The Significance of Financial Success in the Legal Industry

02:07 – Balancing Indulgence with Business Growth

05:31 – How to Confidently Spend on Yourself Without Guilt

06:33 – The Journey of Law Firm Owners: Reinvesting vs. Indulging

10:33 – Reinvestment as a Path to Becoming a Market Leader

14:14 – Celebrating Milestones and Rewarding Yourself

18:16 – Managing Team Perception of Your Success

22:21 – Why Money Shouldn’t Be Demonized in the Legal Profession

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Links & Resources

• Bluey
• Party City
• Disney
• Olaf
• Peppa Pig
• Mario
• Luigi
• Game Changers Summit
• Alexander Shunnarah
• Lamborghini Huracan
• Lamborghini Diablo

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Past guests on The Game Changing Attorney Podcast include David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O’Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more.

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If you enjoyed this episode, you may also like:

• 264 Bill Perkins – Die with Zero: Getting All You Can from Your Money and Your Life
• 285 Morgan Housel – Mastering the Psychology of Wealth: Beyond Money and Success
• 304 AMMA – Creating a Culture of Success